Pension Plan Retirees Say Rehearing Still Warranted In Due Process Violation Suit

Mealey's (January 15, 2021, 11:02 AM EST) -- CINCINNATI — Following the Sixth Circuit U.S. Court of Appeals’ issuance of an amended opinion on Dec. 28 to acknowledge the ruling of Nachman Corp. v. PBGC, retirees filed a supplemental memorandum on Jan. 12, arguing that rehearing en banc is still warranted because the Sixth Circuit failed to follow Nachman’s holdings in determining that there was no due process violation in the termination of a salaried pension plan....